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ALTISOURCE ANNOUNCES WIND DOWN AND CLOSURE OF OWNERS.COM TO INCREASE FOCUS ON CORE BUSINESSES

Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close Owners.com’s operations. The Company believes that closing Owners.com supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

"Owners.com has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing Owners.com is in Altisource’s best interests given the time horizon and level of additional investments needed in order for Owners.com to operate independently. I am proud of the very talented and dedicated Owners.com team and want to thank them for their contributions."
ACTIVE
204 days on Owners.com
452 Hastings Lane
Versailles, KY 40383
4 Beds
2 Baths
2,312 ft2
$323,396
Owners.com Estimate:
Estimated Payment:$1,214/mo
HOA:$0

The Davidson by Ball Homes, LLC

The Davidson is a newer ranch plan that has 4 bedrooms 2.5 baths a bonus room and covered patio. The open floor plan features an kitchen/breakfast room that features lots of cabinet space, granite countertop and stainless appliances that includes gas range and French door refrigerator. The kitchen opens to the family room that is anchored with a raised hearth stone to ceiling direct vent gas fireplace w/optional blower w/wall switch. The master bath features a fully tiled shower and a garden tub, a double bowl vanity. Vinyl plank flooring throughout the house except the bedrooms which are plush carpet with ultimate pad. The bonus room on the second floor has the half bath. This house is at Drywall Phase.

Property type
Single Family Home
Structure
Single Story
Parking
2 Car Attached, Garage Door Opener
Price/Sqft
$140
MLS #
1909370
Lot Size
16098 sqft
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SAVE PREFERENCES

My NotesiThis is a place for you to write your thoughts and notes about this home. Only you will be able to see the notes.

My Home Features

Rooms

Bedrooms: 4 | Room Types: Foyer, Master Bedroom Room - 1st Foor, Bedroom 1st Floor, Family Room, Utility

Bathrooms

# of Full Bathrooms: 2
# of Quarter Bathrooms: 0
# of Half Bathrooms: 0
# of Three Quarter Bathrooms: 0

Exterior

Features: Patio

Building

Property Types: Single Family Home, Residential | Year Built: 0 | Structure: Single Story | Construction: Brick Veneer | Roof: Shingle - Composition, Dimensional Style | Siding: Vinyl | Foundation: Slab | Floors: Carpet, #OTHER

Garage & Parking

Parking: 2 Car Attached, Garage Door Opener | Garage: true

Lot

Lot size: 0.37 acres | Lot size: 16098 sqft

Location

County: Woodford | Neighborhood: Woodford County | Subdivision: Edmonds Cross | Directions: From US60 take Huntertown Road for approximately 2 miles. Or from downtown Versailles take Lexington Road to Marsailles turn right and continue to Huntertown Road and the entrance to Edmonds Cross is straight ahead. | MLS #: 1909370

Community

HOA Dues: $0

Appliances

Appliances: Range, Dishwasher, Disposal, Water Heater - Gas

Heating & Cooling

Air Conditioning: Electric Air Filter | Heating: Gas, Forced Air

Utilities & Security

Sewer Service: Sewer - Public | Water Source: City

School

School District: Woodford County | Elementary School: Huntertown | Middle School: Woodford Co | High School: Woodford Co

Owners.com Estimated Value

We calculate the Owners.com Estimate by analyzing sales for nearby similar properties. We use the best data sources, including MLS and county records to generate insights into the property value. You can even create your own estimate by selecting comparable sold listings.

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Price History

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Price
Source: County(Public) Records

School Information

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Local Insights

Listing provided by: Ben A Brown 

Listing courtesy of: Milestone Realty Consultants |  (859) 245-1179 

Tools for buyers

Data provided by: Lexington - Bluegrass Association of REALTORS®
Last detected update: July 30, 2019 09:31AM EST ~ Verified on November 09, 2019 07:05PM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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